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Category: Exchanges

190,000,000 Dollars Was Liquidated on Binance Within Ten Minutes

In the early hours of Monday, January 4, 2020. Binance exchange server got slowed down, traders had difficulty in buying dips, the price goes lower and long position was wiped out thereby liquidating some traders.  Some believed it was due to over leverage in future trading on the exchange while others believe it is the…

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Exchanges

Biden’s Campaign Received $5.2 Million From HK-Based Crypto Exchange CEO

Existing reports reveal that a prominent cryptocurrency participant in Hong Kong is among the highest sponsor’s of Joe Biden’s presidential ambition. With a contribution of $5.2Million, Sam Bankman-Fried, CEO of FTX, a Hong Kong-based cryptocurrency derivatives exchange ranks as the second highest donor to Biden’s campaign. Biden, who at the time of writing has been…

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Exchanges

TRX/NGN Trading Competition In Nigeria

Binance has opened trading pairs for TRX/NGN as of 2020/10/01 10AM WAT. Users can now deposit NGN and buy TRX on Binance.com. Users can also deposit TRX and trade for NGN. Binance and TRON are collaborating to offer a N7,000,000 pool in bonus and giveaway to TRX traders on the Binance Platform. This is to…

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Exchanges

Nigeria-Based Cryptocurrency Exchange Naijacrypto Lists Dash With 0% Trading Fee

Novel and fast-growing Nigerian-based cryptocurrency exchange, Naijacrypto has added Digital Cash (Dash) as one of the cryptocurrencies that can be traded on its platform. Naijacrypto which was founded in 2019 offers its users the opportunity to convert fiat currency to crypto and vice versa. In addition, the exchange also supports swaps between different cryptocurrencies. For…

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Adoption

How To Identify A Dubious Cryptocurrency Exchange

The blockchain ecosystem is littered with hundreds of cryptocurrency exchanges. The absence of proper coordination and regulation of exchanges has resulted in repeated losses of investment funds. Fraud cases associated with exit scams by founders and team members has become rampant among cryptocurrency exchanges. On a personal note, a duly noted appreciation and acknowledgement goes…

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Cryptocurrency

Huobi Releases Details from the Hainan Free Trade Port International Cooperation Forum on Digital Economy and Blockchain

HAIKOU – December 9 — As a founding co-organizer of the Hainan Free Trade Zone & Global Digital Economic Forum, Huobi Group today shared key takeaways from the forum which commenced on the morning of December 5th. During the forum, notable Chinese government officials made opening speeches commenting on the development of blockchain in mainland…

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Blockchain

Bitfxt Exchange Adds Staking Options On Its Platform

One of the pioneer African Cryptocurrency exchanges, Bitfxt, as part of its moves to enhance trading experience on its platform, has introduced a staking feature. This is a feature that is popular among only a handful of exchanges around the world. Creating an Opportunity for Everyone By staking on Bitfxt, users do not necessarily need…

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Bitcoin

Bitfxt Coin (BXT) Gets Listed on FlashWallet

One of Africa’s pioneer cryptocurrency exchanges, Bitfxt has announced the listing of its native cryptocurrency on FlashWallet. In line with the tradition of the exchange, this announcement was made public on its local blog. In the post, a representative of the team addressed the exchange users as follows: Dear Community,  As part of our Partnership…

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Cryptocurrency

Current African Leadership Offers no Hope to Young Techpreneurs

Africa is seen as a fertile ground for emerging and innovative technologies. This is evidenced by the influx of international companies that attempt to render innovative solutions to the continent’s problems. Undoubtedly, that is a gap in development that Africa needs to close up when compared with other continents of the world. The pressing question…

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Cryptocurrency

BITFXT EXCHANGE GETS LISTED ON COINMARKETCAP

In a message broadcast to members of its community, Bitfxt Exchange has announced its listing on the popular cryptocurrency listing platform, CoinmarketCap (CMC). According to the Bitfxt team, this event marks the entry into a new phase of innovation and business building for the platform.  Prior to the Bitfxt Exchange listing on CMC, the platform’s…

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Exchanges

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